TFLIX vs. IIVAX
TFLIX (Transamerica Floating Rate Fund) and IIVAX (Transamerica Small/Mid Cap Value Fund) are both mutual funds - TFLIX is a Bank Loan fund managed by Transamerica, while IIVAX is a Mid Cap Value Equities fund managed by Transamerica. Over the past 10 years, TFLIX returned 4.02%/yr vs 10.40%/yr for IIVAX. At a 0.21 correlation, their price movements are largely independent. TFLIX charges 0.80%/yr vs 1.23%/yr for IIVAX.
Performance
TFLIX vs. IIVAX - Performance Comparison
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Returns By Period
In the year-to-date period, TFLIX achieves a 1.40% return, which is significantly lower than IIVAX's 10.39% return. Over the past 10 years, TFLIX has underperformed IIVAX with an annualized return of 4.02%, while IIVAX has yielded a comparatively higher 10.40% annualized return.
TFLIX
- 1D
- 0.00%
- 1M
- 0.42%
- YTD
- 1.40%
- 6M
- 2.17%
- 1Y
- 4.70%
- 3Y*
- 6.49%
- 5Y*
- 4.31%
- 10Y*
- 4.02%
IIVAX
- 1D
- -0.18%
- 1M
- 0.67%
- YTD
- 10.39%
- 6M
- 9.54%
- 1Y
- 21.67%
- 3Y*
- 13.50%
- 5Y*
- 7.38%
- 10Y*
- 10.40%
TFLIX vs. IIVAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TFLIX Transamerica Floating Rate Fund | 1.40% | 5.34% | 8.07% | 8.15% | -2.55% | 3.88% | 1.18% | 7.09% | 0.30% | 3.72% |
IIVAX Transamerica Small/Mid Cap Value Fund | 10.39% | 9.49% | 8.57% | 12.02% | -8.35% | 27.49% | 3.25% | 24.62% | -11.87% | 15.16% |
Correlation
The correlation between TFLIX and IIVAX is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014 | 0.21 |
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Return for Risk
TFLIX vs. IIVAX — Risk / Return Rank
TFLIX
IIVAX
TFLIX vs. IIVAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Transamerica Floating Rate Fund (TFLIX) and Transamerica Small/Mid Cap Value Fund (IIVAX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TFLIX | IIVAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +2.09 | ||
| Omega ratioGain probability vs. loss probability | 1.70 | 1.29 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 5.21 | 2.56 | +2.65 |
| Martin ratioReturn relative to average drawdown | 15.49 | 8.81 | +6.68 |
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Drawdowns
TFLIX vs. IIVAX - Drawdown Comparison
The maximum TFLIX drawdown since its inception was -17.79%, smaller than the maximum IIVAX drawdown of -57.38%. Use the drawdown chart below to compare losses from any high point for TFLIX and IIVAX.
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Drawdown Indicators
| TFLIX | IIVAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.79% | -57.38% | +39.59% |
Max Drawdown (1Y)Largest decline over 1 year | -0.93% | -8.87% | +7.94% |
Max Drawdown (3Y)Largest decline over 3 years | -2.57% | -19.76% | +17.19% |
Max Drawdown (5Y)Largest decline over 5 years | -6.26% | -23.12% | +16.86% |
Max Drawdown (10Y)Largest decline over 10 years | -17.79% | -44.13% | +26.34% |
Current DrawdownCurrent decline from peak | -0.23% | -2.50% | +2.27% |
Average DrawdownAverage peak-to-trough decline | -0.79% | -8.32% | +7.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.31% | 2.57% | -2.26% |
Volatility
TFLIX vs. IIVAX - Volatility Comparison
The current volatility for Transamerica Floating Rate Fund (TFLIX) is 0.62%, while Transamerica Small/Mid Cap Value Fund (IIVAX) has a volatility of 3.52%. This indicates that TFLIX experiences smaller price fluctuations and is considered to be less risky than IIVAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TFLIX | IIVAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.62% | 3.52% | -2.90% |
Volatility (6M)Calculated over the trailing 6-month period | 1.78% | 9.11% | -7.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.50% | 13.74% | -11.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.70% | 18.56% | -15.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.34% | 20.48% | -17.14% |
TFLIX vs. IIVAX - Expense Ratio Comparison
TFLIX has a 0.80% expense ratio, which is lower than IIVAX's 1.23% expense ratio.
Dividends
TFLIX vs. IIVAX - Dividend Comparison
TFLIX's dividend yield for the trailing twelve months is around 7.53%, less than IIVAX's 9.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IIVAX Transamerica Small/Mid Cap Value Fund | 9.59% | 10.58% | 12.75% | 4.83% | 9.72% | 10.94% | 0.48% | 3.17% | 12.58% | 13.20% | 5.91% | 9.34% |
TFLIX Transamerica Floating Rate Fund | 7.53% | 7.86% | 7.84% | 6.21% | 3.58% | 3.06% | 3.78% | 5.20% | 4.91% | 4.06% | 4.42% | 3.92% |
Frequently Asked Questions
TFLIX and IIVAX have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IIVAX has higher volatility (3.52%) compared to TFLIX (0.62%). In terms of maximum drawdown, TFLIX dropped -17.79% vs IIVAX's -57.38%.
TFLIX currently has the higher Sharpe Ratio (1.94 vs 1.65), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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